why are metrics important
Answers
Answer:
Metrics are used to drive improvements and help businesses focus their people and resources on what's important. ... Metrics indicate the priorities of the company and provide a window on performance, ethos and ambition. Ultimately, metrics will help tell the organization: Where it has been.
Step-by-step explanation:
Establishing metrics is crucial to any organization, especially in technology related company projects. Metrics can be defined as a system of parameters or ways of quantitative and periodic assess of a process that is to be measured, along with procedures to carry out such measurement and the procedures for the interpretation of the assessment in the light of previous or comparable assessments. The results of the metrics can be used to record trends, efficiency, capital, and etcetera. Metrics permit organizations to measure its performance against industry sectors to determine how well the company is doing. Metrics allow organizations to optimize its productivity.